Trade-Ideas: Pinnacle Foods (PF) Is Today's New Lifetime High Stock

Trade-Ideas LLC identified Pinnacle Foods (PF) as a new lifetime high candidate

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Trade-Ideas LLC identified Pinnacle Foods ( PF) as a new lifetime high candidate. In addition to specific proprietary factors, Trade-Ideas identified Pinnacle Foods as such a stock due to the following factors:

PF has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $28.5 million.

Pinnacle Foods Inc., through its subsidiaries, manufactures, markets, and distributes branded convenience food products in North America. It operates through three segments: Birds Eye Frozen, Duncan Hines Grocery, and Specialty Foods. The stock currently has a dividend yield of 2.3%. PF has a PE ratio of 19. Currently there are 5 analysts that rate Pinnacle Foods a buy, no analysts rate it a sell, and 3 rate it a hold.

The average volume for Pinnacle Foods has been 1.0 million shares per day over the past 30 days. Pinnacle has a market cap of $4.8 billion and is part of the consumer goods sector and food & beverage industry. The stock has a beta of 0.24 and a short float of 1.1% with 1.49 days to cover. Shares are up 16.5% year-to-date as of the close of trading on Thursday.